Bachelor’s in Commerce (B. Com) is the fundamental degree for any commerce student. It provides a conceptual understanding of economics, business law, taxation, accounting, etc. This course is so fundamental that even students who had opted for science in class 12th may start afresh in Commerce here.
However, just a primary B.Com degree might not be enough to have a successful career. If you want to start working straight away after completing the degree, you might want to consider doing a B. Com Specialization. We have listed the top 8 B. Com Specialization courses to help you build a successful and high-paying career.
1. B. Com Specialization in Accounts and Finance
Specialization in accounts and finance will train you in core practical skills. If you are good at accounting and numbers are your friends, then this specialization is for you. It is imperative to mention here that many top colleges require you to have mathematics as a subject in class 12th as eligibility for their B. Com courses.
Essential Things to Take Note:
- B.Com Honours in Accounting and Finance is a 3-year undergraduate course.
- To be eligible, you must have passed the 10+2 examination in any stream to be qualified.
- The fee varies from college to college. College fees can be anywhere between INR 4500 and 2 lacs.
2. B. Com Specialization in Financial Markets
If the big and fancy stock markets fascinate you, this might be your specialization. This course will teach you the mechanisms of the operation of various financial markets. You will learn about SEBI and its rules and regulations regarding financial commodities like stocks, bonds, and mutual funds.
Essential Things to Take Note:
- B. Com Honours in Financial Markets (BFM) is a 3-year undergraduate course in the commerce stream.
- After completing this course, you can pursue a career as an accountant, financial controller, finance manager, or financial advisor at various consultancies.
- After completing this course, you can go for higher studies like Chartered Accountancy, M. Com, and M.B.A.
3. B. Com Specialization in Statistics
Just like the two specializations above, this also involves many practical skills. If you are good with accountancy, practical aspects, and numbers, this will be a great option. This is a little bit different from economics. 70-80% of the syllabus in this course will have you dealing with graphs.
Essential Things to Take Note:
- B.Com Honours in Statistics is a 3-year undergraduate course in the commerce stream.
- You must have studied English alongside other subjects: accounting, business studies, and economics.
- The fee for this course can be anywhere between INR 5000 and 5 LPA.
4. B. Com Specialization in Banking and Finance
If the banking sector interests you, this specialization is just for you. In this course, you will learn about banking, insurance, and other related financial fields. This degree is also known as B. Com Banking and Insurance in many colleges.
Essential Things to Take Note:
- B. Com Honours in Banking and Finance/Insurance is a 3-year undergraduate course.
- Subjects in this course include Environmental Education, Business Communication, Financial Management, and Mathematical and Statistical Methods.
- After finishing this degree, you can either choose to study further, pursuing chartered accountancy, M. Com or M.B.A., or work in banking, insurance, finance, auditing, and other fields.
5. B. Com Specialization in Computer Application
This course is for people interested in computer applications and who seek knowledge of computers alongside B. Com. This degree is also called B. Com Computer Science or B. Com Informatics Practices in various colleges. The average fee for this course can range from INR 15000 to INR 1 Lakh.
Essential Things to Take Note:
- B.Com Honours in Computer Applications is a 3-year undergraduate course.
- For eligibility, candidates must have taken accounts, mathematics, business, and economics as the main subjects in Class 12.
- Candidates who complete this course can seek a career as business consultants, business analysts, auditors, computer programmers, and app developers.
6. B. Com Specialization in Actuarial Science
An actuary is a person who determines the premium for any insurance policy. There is a lot of math and other factors involved. In this course, you will learn about insurance risk calculation, premiums, and mathematical and economic analyses in financial decisions. If your core mathematical skills are your strength, this course might be for you.
Essential Things to Take Note:
- B.Com Honours in Actuarial Science is a 3-year undergraduate course.
- You need at least 50% aggregate from a recognised board in Class 12th.
- Most colleges also have a personal interview round.
7. B. Com Specialization in Business Economics
If economics is your steadfast love, here is a B. Com specialization for you. In this course, you will learn about business, majoring in managerial procedures and rates reckoning. The average fees for this degree can be anywhere between INR 20,000 to 1.5 lakhs.
Essential Things to Take Note:
- B.Com Honours in Business Economics is a 3-year undergraduate course.
- The standard entrance tests for this course are the CUCET, MDU CEE, DUET, and CA CPT.
- After completing this course, you may seek a career in research firms, banking, or other financial organizations.
8. B. Com Specialization in International Business
This specialization again focuses on practical skills like accounting and financial analysis. If you are interested in learning about international businesses or aspire to establish your own business in the future, this course will help you pursue your interests. This course requires you to have at least 50% aggregate in class 12th from any recognised board.
Essential Things to Take Note:
- B.Com Honours in International Business is a 3-year undergraduate course.
- The average fee for this course can range between INR 5000 and 2.40 lakhs.
- After completing this course, you can seek a job as an accountant, corporate/government relations officer, business analyst, international business consultant, financial dealer, broker, or policy advisor.
We hope this helped you understand the various aspects of these specialization courses and brought you closer to the best-suited course for you.
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